Arise acquires the Bröcklingberget project from Ownpower Projects
A company within the Arise AB (publ) group today entered into an agreement for and acquired all shares in Bröcklingberget Vindkraft AB, which is the project company that has the rights to the Bröcklingberget wind power project (“the Project”). Since previously, Arise has an option to acquire the Project from Ownpower Projects Europe AB (“OPP”). The Project has now entered a stage where Arise finds it attractive to acquire the Project and finalise the development work pending a future sale. In all material aspects, the purchase price comprises an earn-out when and if the Project is